Most popular Exchange dapps – 29 Feb – 6 March 2020 – Dapps of the Week
It is important to continually measure success and take a look at how individual dapps are performing. The top 5 decentralized exchange dapps (DEX) have reached over 15,000 daily active unique wallets in the last 7 days.
Let’s have a look at the list of top exchange dapps:
Uniswap
Protocol: ETH
Uniswap is a protocol for automated token exchange on Ethereum and a regular appearance in the top 5 dapps of the week. Designed with simplicity in mind, the Uniswap protocol provides an interface for the seamless exchange of ERC20 tokens on Ethereum.
By eliminating unnecessary middlemen it allows faster, more efficient exchanges. Where it makes tradeoffs. Decentralization, censorship resistance, and security are prioritized.
Kyber
Protocol: ETH
Kyber is an on-chain liquidity protocol that anyone can tap into for a wide variety of inter-token uses. For example, vendors are able to accept payments in multiple tokens on their e-commerce platforms yet receiving in their preferred token.
In addition, dapps can allow users who are not their token holders to utilize their platform and services with other tokens, and decentralized financial projects have the means to rebalance their portfolio instantly.
Newdex
Newdex is the world’s largest EOS based Decentralized Exchange. Now also available on WAX and TRON. Upholding the characteristics of safety, speed, and transparency.
Newdex was created to allow users to extensively explore new forms of decentralized trading and is devoted to creating a new-generation, digital asset trading platform.
IDEX
Protocol: ETH
IDEX provides a high-throughput trading experience. Allowing users to trade continuously without waiting for transactions to mine, fill multiple orders at once, and cancel orders immediately without any gas costs.
The IDEX smart contract has been designed so that only the exchange is authorized to submit signed trades to Ethereum. This authorization prevents users from rescinding any completed trades, and prevents IDEX from initiating any unauthorized trades.
TronTrade
Protocol: TRON
TronTrade is a decentralized exchange where you can buy and sell a variety of TRC10 and TRC20 cryptocurrencies. The platform provides a safe and reliable trading experience, with 24/7 customer support and a strong community focus.
TronTrade aims to make your trading experience as smooth as possible. The platform facilitates the buying and selling of TRC-based tokens through a very simple and easy to navigate user interface packed with features that appeal to all levels of trading expertise.
